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Shaikh Salman bin Khalifa Al Khalifa, the Finance and National Economy Minister, received Alastair Long, the newly appointed UK Ambassador to Bahrain. The minister emphasised the historic ties between Bahrain and the UK, highlighting their strategic cooperation and partnership in various fields. He expressed a desire to strengthen bilateral cooperation and push them towards more advanced levels. The meeting discussed means to further enhance cooperation in the financial and economic sectors.
The future of this region, its propesrity, and its security and stability are underpinned by providing opportunities and hope for all, Shaikh Salman bin Khalifa Al Khalifa, the Finance and National Economy Minister, said. The minister said that there have been traditional lines of previous generations that are defined by enthicity or religion, that must not be looked at. He called for a distinction between those who are on the side of the line who are looking forward to building and the other side of the line where there are people looking to destroy. "The people who should write the future are the builders in the region, and that’s what we need to ensure we are empowering," he said. Shaikh Salman that one of the main challenges facing many countries was implementing ambitious plans and programmes of governments and the ideas and projects of entrepreneurs. He said this required involving the private sector as a key driver and active partner in the implementation of those plans and ideas in a manner that drives economic growth. The minister gave those remarks during the plenary session "Balancing the Meaning of Finance" on the second day of the seventh edition of the Future Investment Initiative (FII7) in Saudi Arabia. Other speakers in the session included Saudi Finance Minister Mohammed bin Abdullah Al Jadaan; Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF); and Andrew Griffith, the Economic Secretary to the Treasury in the United Kingdom. Shaikh Salman said that the diversification of economies created resilience that boosts economic development, noting that Saudi Arabia made huge strides in this regard. He said that non-oil sectors made up 83% of Bahrain's GDP, due to its diversification policies that consolidate the stability, growth and competitiveness of Bahrain's economy. The minister highlighted the attributes of the Bahraini economy that encourage investment and the development of business, which have led to increasing economic activity and creating many promising opportunities. Shaikh Salman emphasised that security and stability were a requirement for development, underlining the importance of international cooperation to continue working on building a resilient economy that is insulated from global challenges.
Shaikh Salman bin Khalifa Al Khalifa, the Minister of Finance and National Economy, attended the opening session of the seventh edition of the Future Investment Initiative (FII7) in Saudi Arabia, held under the theme "The New Compass". The minister underscored the importance of continuing work to build global strategic partnerships that create economic opportunities and support efforts to maintain a stable and sustainable global economic system, by strengthening investment and diversifying economies to support development. Shaikh Salman said that FII was an important platform to highlight initiatives and capabilities to support the development of technology in sectors that support economic growth. He noted its role in consolidating international cooperation and discussing rapid changes that impact the economy and the importance of designing plans and strategies to address these changes and continue achieving economic growth. FII7 was opened by Yasir bin O. Al Rumayyan, Governor of the Public Investment Fund and Chairman of the FII Institute. FII is a global platform that brings together leaders, visionaries, and innovators from around the world to explore the future of global investment. With each conference, FII ignites powerful dialogues, shapes investment trends, and navigates the uncertainties of our times.
The Ministry of Finance and National Economy published its quarterly summary of the performance of the main economic indicators for Q2 2022 on its ...
The Ministry of Finance and National Economy has released the Kingdom of Bahrain’s Mid-year Financial Report for 2022. The latest indicators point towards ...
The Ministry of Finance and National Economy released a summary of the performance of a number of quarterly economic indicators. Most of the indicators ...
The Minister of Finance and National Economy, His Excellency Shaikh Salman bin Khalifa Al Khalifa, today received the US State Department’s Deputy ...
The Minister of Finance and National Economy, HE Shaikh Salman bin Khalifa Al Khalifa, today received the Ambassador of the French Republic to the ...
The Minister of Finance and National Economy, HE Shaikh Salman bin Khalifa Al Khalifa, today received the newly appointed Ambassador of Japan to the ...
The Minister of Finance and National Economy, HE Shaikh Salman bin Khalifa Al Khalifa, today received the Ambassador of Korea, HE Chung Hae Kwan. ...
